Tech Company Financing Transactions
NexGen Storage Funding Round
On 11/15/2011, NexGen Storage received $10 million in funding from NextWorld Capital, Access Venture Partners and Grotech Ventures.
Transaction Overview
Company Name
Announced On
11/15/2011
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
NextWorld Capital (Lead Investor) (Craig Hanson)
Access Venture Partners (Kirk Holland)
Grotech Ventures (Lawson DeVries)
Proceeds Purpose
The company plans to use the new funds to expand sales, marketing, engineering, and operations activities to support accelerating customer demand. NexGen Storage will sell exclusively through resellers and is in the process of signing partners across the country.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
361 Centennial Parkway 230
Louisville, CO 80027
USA
Louisville, CO 80027
USA
Phone
Website
Email Address
Overview
NexGen Storage delivers the industry's first SAN solutions with configurable, deterministic performance and Quality of Service (QoS) for virtual server environments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Spiers
Chief Financial Officer
Pat Benner
Chief Technical Officer
Kelly Long
VP - Marketing
Chris McCall
VP - Sales
Rick Merlo
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